TERMS
Subsidy size
40% of the nominal remuneration rate
Amount
up to 200 million KZT
Purpose of loan
Investments; Replenishment of working capital
* Calculations are preliminary. Detailed consultation is available from managers at regional branches.
Program participants are determined as subsidy agreements are concluded
ADVANTAGES OF PROGRAM
ASSISTANCE
Our managers will help you prepare your documents.
COMFORT
Apply for subsidy online from anywhere.
SPEED
The Fund will consider your application in a short period.
RELIABILITY
We have subsidized more than 99 000 projects.
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Participants
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Micro and small business entities, as well as legal entities that are agricultural cooperatives
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Loan amount
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Up to two hundred million tenge
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Purpose of financing
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Investments;
Replenishment of working capital
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Interest rate
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The base rate of the National Bank of the Republic of Kazakhstan plus four percent
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Subsidy amount
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Forty percent of the nominal interest rate
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Final rate for the borrower
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Not less than twelve point six percent
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Subsidy period
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Up to three years
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Counter obligations
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For investment projects:
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Creation of new jobs at the rate of one job for each one hundred million tenge of the loan, but not less than one job per project, based on the results of two financial years following the year in which state support measures were provided
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Mandatory increase in income not lower than the level of accumulated inflation based on the results of one financial year and on an annual basis until the end of the subsidy period
For replenishment of working capital:
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Mandatory increase in income and the payroll fund not lower than the level of accumulated inflation based on the results of one financial year and on an annual basis until the end of the subsidy period
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List of Priority Types of Economic Activities
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No.
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Code of the General Classifier of Types of Economic Activities
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Name
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1
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10
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Manufacture of food products
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2
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11.06
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Manufacture of malt
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3
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11.07
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Manufacture of non-alcoholic beverages, mineral waters and other bottled waters
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4
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13
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Manufacture of textiles
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5
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14
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Manufacture of wearing apparel
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6
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15
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Manufacture of leather and related products
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7
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16
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Manufacture of wood and cork products, except furniture; manufacture of articles of straw and plaiting materials
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8
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17
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Manufacture of paper and paper products
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9
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20
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Manufacture of chemical industry products
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10
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21
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Manufacture of basic pharmaceutical products and pharmaceutical preparations
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11
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22
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Manufacture of rubber and plastic products
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12
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23
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Manufacture of other non-metallic mineral products *
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13
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24
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Metallurgical production **
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14
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25
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Manufacture of fabricated metal products, except machinery and equipment
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15
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26
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Manufacture of computers, electronic and optical products
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16
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27
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Manufacture of electrical equipment
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17
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31
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Manufacture of furniture
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18
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32
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Manufacture of other finished products
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* excluding the manufacture of ready-mixed concrete (code of the General Classifier of Types of Economic Activities (hereinafter referred to as the Classifier of Types of Economic Activities) “23.63”);
** excluding the manufacture of cast iron, steel and ferroalloys (Classifier of Types of Economic Activities code “24.10”), processing of nuclear fuel (Classifier of Types of Economic Activities code “24.46”), casting of cast iron (Classifier of Types of Economic Activities code “24.51”), casting of steel (Classifier of Types of Economic Activities code “24.52”).
1
Signing of a Portfolio Agreement between the STB and the Damu Fund
2
The STB makes a positive decision on the possibility of providing a loan to SMEs*
3
The STB signs the Loan Agreement (LA)** with the borrower and submits it to the Damu Fund along with a notification letter
4
After loan issuance, the STB submits to the Damu Fund a copy of the Loan Agreement (LA)**, the repayment schedule, and a notification letter to obtain subsidies
